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Daily Current affairs Quiz is one of the most important topics to score marks in the Mains Exam of any Banking Exam. This will also act as a score booster in the Mains Exam.

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Daily Current Affairs Quiz: December 16, 2021

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1. Which anniversary of Vijay Diwas was observed in India on 16 December 2021?

a) 42nd

b) 45th

c) 50th

d) 53rd

e) 55th

2. What is the fund amount approved by the Union Cabinet for an incentive scheme for RuPay debit card and BHIM-UPI transactions?

a) ₹1000 crores

b) ₹1100 crores

c) ₹1250 crores

d) ₹1300 crores

e) ₹1500 crores

3. UNESCO added Durga Puja to its Intangible Cultural Heritage of Humanity List. Which state celebrates Durga Puja?

a) Maharashtra

b) West Bengal

c) Madhya Pradesh

d) Karnataka

e) Assam

4. How much fund amount was allocated by the Union Cabinet for the Production Linked Incentive (PLI) scheme for the production of semiconductors?

a) ₹7,600 crores

b) ₹760 crores

c) ₹76,000 crores

d) ₹5,600 crores

e) ₹74,000crores

5. Where did the National Thermal Power Corporation (NTPC) award India’s first green hydrogen-based microgrid project?

a) Maharashtra

b) Andhra Pradesh

c) Madhya Pradesh

d) Karnataka

e) Tamil Nadu

6. Which bank has joined hands with Financial Software and Systems (FSS) to open smart cash franchisees for financial inclusion?

a) DBS Bank

b) IndusInd Bank

c) HSBC India

d) Kotak Mahindra Bank

e) CSB Bank

7. What is the penalty amount imposed on Punjab National Bank by the Reserve Bank of India for the deficiency in regulatory compliance under sub-section (2) of Section 19 of the Banking Regulation Act, 1949?

a) ₹1.80 crores

b) ₹1.90 crores

c) ₹2.20 crores

d) ₹2.80 crores

e) ₹3.80 crores

8. Who headed the Advisory Committee for Leveraging Regulatory and Technology Solutions (ALeRTS) set up by the Securities and Exchange Board of India (SEBI)?

a) Injeti Srinivas

b) R. P. Tiwari

c) Madhabi Puri Buch

d) Thomas Bach

e) Manoj Kumar Tiwari

9. Which among the following public sector undertaking (PSU) was ranked as India’s top oil and gas company for its sustainable performance?

a) Coal India Limited

b) Indian Oil Corporation

c) Bharat Heavy Electricals Limited

d) Bharat Petroleum Corporation Limited

e) Neyveli Lignite Corporation Limited

10. What is the fund amount allocated by the Asian Development Bank to establish Assam Skill University (ASU) to strengthen skills education and training?

a) $100 million

b) $112 million

c) $122 million

d) $135 million

e) $152 million

11. Which bank has renewed its Memorandum of Understanding (MoU) with the Indian Army to offer benefits to military personnel?

a) State Bank of India

b) IndusInd Bank

c) Bank of India

d) ICICI Bank

e) HDFC Bank

12. What is the penalty amount imposed on ICICI Bank by the Reserve Bank of India for non-compliance with certain directions issued by the RBI on levy of penalties for failure to maintain minimum balances in savings bank accounts?

a) ₹10 lakhs

b) ₹30 lakhs

c) ₹35 lakhs

d) ₹50 lakhs

e) ₹80 lakhs

13. Who was conferred with the Sports Journalists’ Federation of India (SJFI) Medal?

a) Virat Kohli

b) Kapil Dev

c) Rahul Dravid

d) Sunil Gavaskar

e) Sachin Tendulkar

14. Which bank has signed a Memorandum of Understanding (MoU) with Tata Motors for retail financing to the vehicle customers?

a) Bandhan Bank

b) IndusInd Bank

c) Kotak Mahindra Bank

d) ICICI Bank

e) Karur Vysya Bank

15. Sergio Aguero announced his retirement from football. Which country does he hail from?

a) South Africa

b) Argentina

c) West Indies

d) Australia

e) Spain

16. The tenure for a Banking Ombudsman does not exceed ________.

a) 2 years

b) 5 years

c) 3 years

d) 4 years

e) None of these

17. Where is the headquarters of the United Nations Educational, Scientific and Cultural Organization (UNESCO)?

a) Rome

b) Geneva

c) Washington D. C.

d) Paris

e) Lausanne

18. In the term REIT, what does ‘I’ represent?

a) Information

b) Inclusion

c) Investment

d) Investor

e) Index

19. What is the maturity period of call money?

a) 1 day

b) 14 days

c) 365 days

d) 1 month

e) 12 weeks

20. Who is the present Union Minister of Petroleum and Natural Gas?

a) Thawar Chand Gehlot

b) Hardeep Singh Puri

c) Dharmendra Pradhan

d) Piyush Goyal

e) Giriraj Singh

To Know the Answers for the Quiz, Attend the Current Affairs Quiz – December 16, 2021

Daily Current Affairs Quiz: December 16, 2021